The Balance Between Corporate Profit Margins and Economic Resilience
This blog shares our views on the relationship between corporate margins and different U.S. economic growth scenarios using our corporate profit model to estimate performance.
As a leader in active fixed income, we combine our local expertise with deep credit research resources as we seek to uncover value and deliver long-term returns for our clients.
This blog shares our views on the relationship between corporate margins and different U.S. economic growth scenarios using our corporate profit model to estimate performance.
We explore the historical transmission from tighter monetary policy to corporate bond spreads and the respective investment implications under our "weakflation" scenario.
Rising office vacancy rates, declining property valuations, and the respective impact on tax revenues and city budgets are a source of growing concern for municipal bond investors.
A discussion on the end of the hiking cycle, the impact of fiscal deficits on long-term rates, and the interplay between rates, curve shape, and the economy.
A look into the current state of international climate finance and how it's been integrated into our sovereign ESG framework considerations.
What's next for the European banking sector and insights into its relative attractiveness during a time of economic fragility for the EU.
Our research series reveals that a varied adjustment process across certain sectors lowered the broader economy’s sensitivity to interest rates.
We explore the type of inflationary environment that we might expect across developed markets in the future and its potential effect on global asset prices.
Inordinate plastic packaging waste but limited alternatives highlights the distinction between sustainable management of ESG impacts and financial credit risks.
Our View from the Desk for the week of December 4 summarizes the macroeconomic and asset-class specific themes discussed in our weekly desk head meeting.
Our View from the Desk for the week of November 27 summarizes the macroeconomic and asset-class specific themes discussed in our weekly desk head meeting.
Our View from the Desk for the week of November 20 summarizes the macroeconomic and asset-class specific themes discussed in our weekly desk head meeting.
Past performance is not a reliable indicator of future results. There is no guarantee that objectives will be met. All investments involve risk, including possible loss of capital.
Source of data (unless otherwise noted): PGIM Fixed Income. Staffing data as of September 30, 2023.